Quadrise Fuels International PLC Issue of Warrants (0184O)
September 27 2019 - 11:09AM
UK Regulatory
TIDMQFI
RNS Number : 0184O
Quadrise Fuels International PLC
27 September 2019
27 September 2019
Quadrise Fuels International plc
("Quadrise", "QFI" or "the Company")
Issue of Warrants
The Company announces that, following the general meeting of the
Company held on 27 September 2019, the Company has today issued
4,900,000 warrants to subscribe for new ordinary shares in the
Company, at any point until 36 months from the date of issue, at a
current exercise price of 5.78 pence per new ordinary share
pursuant to, and on and subject to the terms and conditions set out
in, a warrant instrument dated 27 September 2019, the details of
which were announced by the Company on 23 August 2019.
For further information, please refer to the Company's website
at www.quadrisefuels.com, or contact ir@quadrisefuels.com or
phone:
Quadrise Fuels International Plc
Mike Kirk, Executive Chairman +44 (0)20 7031 7321
Jason Miles, Chief Operating Officer
Nominated Adviser
Cenkos Securities plc
Dr Azhic Basirov +44 (0)20 7397 8900
Ben Jeynes
Katy Birkin
Joint Brokers
Peel Hunt LLP
Richard Crichton +44 (0)20 7418 8900
Ross Allister
Shore Capital Stockbrokers Limited
Daniel Harris
Andy Crossley +44 (0)20 7601 6108
Public & Investor Relations
FTI Consulting
Ben Brewerton +44 (0)20 3727 1000
Ntobeko Chidavaenzi
Notes to Editors
QFI is the supplier of MSAR(R) emulsion technology and fuels, a
low-cost alternative to heavy fuel oil (one of the world's largest
fuel markets, comprising over 450 million tons per annum) in the
global shipping, refining and steam and power generation
industries.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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